Tuesday, September 03, 2013

Missile Attack on (NIFTY) Syria

Dear All,

Russian radar detected the launch of two ballistic "objects" in the Mediterranean Sea on Tuesday but there was no sign of a missile strike on the Syrian capital Damascus, Russia's state-run RIA news agency said.

The Russian Embassy in Syria said there were no signs of a missile attack or explosions in Damascus, state-run Itar-Tass reported.

Israel said it was unaware of any ballistic missile launch being conducted in the eastern Mediterranean.

The United States has been preparing for a possible military strike in Syria following what it says was a chemical weapons attack by Syrian government forces. Damascus denies carrying out such an attack.

S&P May downgrade India :-

Meanwhile Standard & Poor's considers chances of a credit ratings downgrade for India higher than for Indonesia, a news report said on Tuesday, citing comments made by an analyst of the credit rating agency at a briefing in Seoul.

S&P analyst Kim Eng Tan also said there was more than a one-in-three chance for India rating cut within two years, according to the report.

S&P has a "BBB-minus" rating on India with a "negative" outlook. A downgrade would push Asia's third largest economy to "junk" status.

S&P rates Indonesia at "BB-plus."

>>> NIFTY <<<

>>>> Click the chart to see on full screen <<<<

Yes when Nifty was trading at 5510 said to stay cautious as Nifty broken important support 5528. So Now Nifty on a expanding triangle, looks like more fall coming. Lets See.

>>> KTK BANK <<<

>>>> Click the chart to see on full screen <<<<

KTK Bank achieved first Target. Now if 74 holds today - then possible bounce back once again. Lets See.

>>> DABUR <<<

>>>> Click the chart to see on full screen <<<<

Dabur - 169.50 Resistance - Not crossed and Sell triggered. Clients Booked Near first Target. Expect more fall if Resistance is not crossed. Cheers!!!